Miller Richard Thomas 4

What Happened

• Richard Thomas Miller, Vice President, General Counsel & Secretary of Snap-on Inc. (SNA), had restricted/derivative awards convert to common stock on 2026-02-09 (transaction code M). The filing shows conversion/vesting entries for 501 shares and 55 shares. To satisfy tax withholding on the vesting, 137 shares were surrendered (transaction code F) at an implied withholding value of $368.12 per share (total ≈ $50,432). Per the filing footnote, the reporting person elected to defer a portion of the vested restricted stock units.

Key Details

• Transaction date: February 9, 2026; Form 4 filed February 10, 2026 (appears timely).
• Reported conversions/vestings: entries for 501 shares and 55 shares (conversion of derivative awards; acquisition price listed as N/A because these were awards, not open-market purchases).
• Tax withholding: 137 shares withheld at $368.12/share for tax/payment (total reported ≈ $50,432).
• Relevant footnotes: F1 — restricted stock units vested and a portion was deferred; F3 — shares were withheld to cover tax withholding on vesting.
• Shares owned after transaction: not specified in the provided data.
• Transaction codes: M = exercise/conversion of derivative (vesting/conversion of awards); F = payment of exercise price or tax liability (share withholding).

Context

• These entries reflect awards converting/vesting rather than an open-market buy or sale. The 137-share "disposition" is to cover tax obligations (common on vesting) and is not an open-market sale signaling a trading decision. No cash purchase or market sale of the converted shares is reported in this filing.